Risk of longer transport times due to a shortage of ocean freight capacity
First written in FY2021. 2 of 3 entries say "Materialised", first in FY2022. Latest entry: FY2025-H1.
Npc moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2021: 3 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「Meanwhile, deliveries of FA equipment and solar panel dismantling equipment for overseas customers shifted into the second half due to delays in customers arranging sea freight, while delivery of solar panel dismantling equipment for domestic customers shifted into the second half because customers were late preparing to receive it.」
Delays in arranging ocean freight caused deliveries of overseas FA equipment and solar panel dismantling equipment to be deferred to the second half, and the extended time required to arrange transport actually affected the timing of revenue recognition. - FY2022MaterialisedAnnual report
「For an overseas panel dismantling equipment project, the timing of on-site acceptance was brought forward due to a delay in sea freight, and revenue recognition shifted to the next fiscal year, the fiscal year ending August 2023.」
Longer transport times caused by a shortage of ocean freight capacity and delays in arrangements actually resulted in acceptance and revenue recognition for overseas panel dismantling equipment projects being deferred to the following fiscal year. - FY2021First statedAnnual report
「Ocean freight is used to transport products overseas. While the number of ocean freight services worldwide has declined during the COVID-19 pandemic, demand has increased as economic activity has recovered, so arranging ocean freight may take longer. For some transactions with overseas customers, if arranging ocean freight takes longer and the transport period is extended, the timing of revenue recognition and collection of receivables could be delayed, potentially affecting short-term performance.」
The Company newly disclosed as a risk the possibility that delays in arranging ocean freight could extend product transport, revenue recognition and receivables collection, affecting short-term performance.